Swiber Holdings, currently under judicial management, has come under the spotlight of Singapore’s crime investigation agency, Commercial Affairs Department (CAD), on possible corporate infractions.
The Australian Competition and Consumer Commission (ACCC) has pressed criminal charges against Japan’s Kawasaki Kisen Kaisha (K Line) in relation to alleged cartel conduct over the shipping of cars, trucks and buses to Australia.
China’s Tianjin courts have meted out a suspended death sentence to the head of a Chinese logistics firm and jailed 48 others for their involvement in the deadly explosion at Tianjin port last year, which left 165 people dead and eight missing.
The head of discipline inspection group at China Shipbuilding Industry Corporation (CSIC) is being investigated for alleged corrupt practices, according to China’s State-owned Assets Supervision and Administration Commission (SASAC).
Four employees at bankrupt Nantong Mingde Heavy Industry have been charged for falsifying accounts to keep an export tax rebate granted to a shipbuilding contract that was cancelled, according to China’s State Administration of Taxation.
It is nearly two years since the bankruptcy of OW Bunker but the complex legal battles drag on impacting transactions in the ship refueling market today.
A former senior vice president of ST Marine, Mok Kim Whang, has been sentenced to 20 weeks imprisonment and a fine of SGD100,000 ($73,500) over corruption charges.
Two former senior executives of specialised ship and naval vessels builder ST Marine have pleaded guilty to giving bribes and making up false expense claims amounting to millions of dollars, the local media reported.
Sinopacific Offshore & Engineering (SOE) has gone into liquidation following a decision by Jiangsu Qidong People’s Court in China, local reports said.
